South Korea's GS Caltex buys rare Canadian crude grade for Feb

GS Holdings

18/12/2017 06:59

SEOUL/SINGAPORE, Dec 18 (Reuters) -  
    * South Korean refiner GS Caltex Corp has bought a rare 
cargo of 
Cold Lake crude, the company's first purchase in more than two 
decades of this Canadian oil grade, a company spokesman said on 
Monday 
    * The second largest refiner in South Korea bought 300,000 
barrels 
of the heavy sour crude for delivery in the second half of 
February, he said 
    * GS Caltex is a joint venture between GS Holdings 
 078930.KS  and 
Chevron Corp  CVX.N   
 
     
 
 (Reporting by Jane Chung in SEOUL and Florence Tan in 
SINGAPORE; Editing by Tom Hogue) 
 ((Florence.Tan@thomsonreuters.com; +65 6870 3497; Reuters 
Messaging: florence.tan.thomsonreuters.com@reuters.net)) 
 
Keywords: SOUTHKOREA OIL/GS